CCTV News: According to the WeChat official account of "Guangzhou Housing Provident Fund Management Center", according to the "Notice on Lowering the Interest Rate of Personal Housing Provident Fund Loans" of the People's Bank of China on May 7, 2025, starting from May 8, 2025, the interest rate of personal housing provident fund loans will be lowered by 0.25 percentage points, and the interest rate of personal housing provident fund loans for less than 5 years (including 5 years) and the interest rate of first personal housing provident fund loans for more than 5 years (including 5 years) and second personal housing provident fund loans for more than 5 years are adjusted to no less than 2.525% and 3.075% respectively.
1. The personal housing provident fund loans issued from May 8, 2025 shall be subject to new interest rates.
2. For personal housing provident fund loans issued before May 8, 2025, the new interest rate shall be implemented from January 1, 2026 according to the loan contract.
